Eneos Holdings has cautioned that rising costs are affecting the profitability of its offshore wind projects in Japan. Its 375 MW Happo-Noshiro project, developed with Iberdrola and Tohoku Electric, is scheduled to start construction next year, with operations set for 2029. Cost pressures are widespread, with other developers like Mitsubishi and Mitsui & Co. citing high expenses. Japan is pushing to expand offshore wind capacity to 10 GW by 2030 and 45 GW by 2040 to enhance energy security and promote clean energy.Read more

Aster Chemicals and Energy and Aether Fuels have joined forces to build a renewable fuel plant on Singapore's Bukom Island, with operations expected in 2028. The 2,000 metric ton-per-year facility will produce 1,600 tons of sustainable aviation fuel and 400 tons of bionaphtha annually, converting industrial waste gas and biomethane into fuel using Aether Fuels technology. Aster will provide power, feedstock, and operational support. Singapore currently relies on Neste for renewable fuel and is introducing a 1% SAF usage mandate for departing flights from next year.Read more

InterRent Real Estate Investment Trust turned profitable in Q3, reversing a loss from the same period last year, mainly due to higher leasing activity in its existing portfolio. Normalized FFO per unit rose 1.9% despite transaction costs. The trust executed 1,463 new leases, while property operating costs increased by 9% and Ottawa's waste management costs rose sharply. Proportionate operating revenues were CAD 62.77 million, net income CAD 3.52 million, and adjusted cash flow from operations CAD 14.70 million. An all-cash acquisition is expected to close in H1 2026.Read more

Dream Unlimited Corp., a Toronto-based real estate developer, recorded a 20% rise in revenue for the third quarter, reaching CAD 114.6 million compared with CAD 95.7 million in the same period last year. The increase was driven by strong lot and acre sales in Western Canada, higher rental income, and stable asset management performance. The company expects a solid fourth quarter as it prepares to finalize the sale of Dream Residential REIT, which is projected to generate over CAD 35 million in proceeds and improve liquidity.Read more

DBS CEO Tan Su Shan highlighted China's technology sectors as key drivers of growth, despite ongoing weakness in the property market and cautious consumer sentiment. Low interest rates are prompting investments in wealth management products, while technology areas like deep tech AI, biotechnology, and humanoid robots show strong potential. DBS's strategic stake in Shenzhen Rural Commercial Bank strengthens its Greater Bay Area presence, and Tan stressed diversification of supply chains and revenue streams as critical amid global tariffs. The bank's recent third-quarter earnings exceeded expectations, though net interest margins are expected to ease slightly next year.Read more

Google is planning to invest around USD 5.8 billion in Germany to expand its data centre and technology infrastructure. The investment includes a new data centre in Dietzenbach near Frankfurt and an expansion in Hanau. While the exact details remain undisclosed, the company has emphasized its focus on innovations, artificial intelligence, and climate-neutral transformation. A press conference later this week, with German Finance Minister Lars Klingbeil attending, is expected to provide further insights into Google's strategic plans in Europe's largest economy.Read more

Dubai's ultra-luxury real estate market is witnessing a fresh approach with fam Properties' AED3 billion Nordic by fam portfolio, which introduces a build-first strategy rather than relying on off-plan sales. The concept, centred on Scandinavian minimalism, craftsmanship, and understated design, aims to set a new benchmark in Dubai's high-end housing landscape. With the first two villas already sold and several more under development across Al Wasl and Meydan, the initiative reflects a shift towards simplicity and tangible value in a market that has seen over AED140 billion worth of ultra-luxury launches in five years.Read more

Home prices in the UK climbed once again this month, with the average property now costing GBP 299,862 after a 0.6 % monthly rise, the strongest since January. Annual growth reached 1.9 %, beating forecasts. Despite the increase, affordability remains a concern even as more mortgages are being approved. Regional variations were notable: prices slipped in London but surged by 8 % in Northern Ireland. The market appears to be holding up well despite looming tax-policy changes and rate-cut speculation.Read more

Singapore-based real estate investment manager CapitaLand Investment (CLI) has closed its latest value-add lodging private fund, securing total capital commitments of USD650 million, exceeding its initial target by USD50 million. The fund, known as CLARA II, is expected to increase CLI's total assets under management (AUM) by approximately USD1.6 billion. The investment vehicle has attracted a diversified mix of institutional investors, pension funds and financial institutions from Asia, Europe and North America, with nearly half of the capital already deployed into projects in Japan and Singapore.Read more

Home sales across the Greater Toronto Area dropped to a four-month low earlier this week as economic uncertainty and cautious buyer sentiment weighed on the market. Seasonally adjusted transactions declined by 2.3 % from the previous month, while the region's home price index edged up by 0.2 % month-on-month. Despite the marginal price recovery, overall prices remained nearly 5 % below the figures recorded a year earlier. An increase in new listings by 2.7 % year-on-year indicated improving supply conditions but limited buyer confidence.Read more